The Importance of Fundamentals in Stock Trading

We just really want to understand where the stock is in its life cycle Yeah. We're not just going out and buying it at that point. This is where we're actually using charts And we're gonna look for patterns. The when Bill went back and studied a lot of these great stock runs back back from 1900s and 1950s He noticed there these patterns that were there before these large moves. That's where that risk management comes into play If the stock is emerging out of one of these patterns, you know what to expect either should go up 15 20% Or if it doesn't and now you're down five eight percent on the stock you're cutting your losses You actually have a plan